Joe Parks
eXp Realty of California, Inc
(559) 242-1384
61 Total Sales
2 in Hanford
$370,000 Price Range
404 Central Ave Hanford, CA 93230
Hanford Area
1
Bed
1
Bath
4,160
Sq Ft
6,400
Sq Ft Lot
About This Home
As of April 2026404 Central Ave is a 10-unit multifamily property. The building consists entirely of one bedroom, one-bathroom units. The owner is responsible for water, sewer, and trash, while residents pay for their own electricity. Situated near the center of Hanford, the location provides residents with convenient walkability to downtown amenities. The property is being offered at a 6.72% cap rate, providing a strong income foundation from day one. With current rents positioned below market value, this asset offers a straightforward low-maintenance operation with clear upside potential.
Last Agent to Sell the Property
Jaime Martinez
Hoekstra & Associates Inc License #01971583 Listed on: 04/02/2026
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Property Details
Home Type
- Apartment
Lot Details
- 6,400 Sq Ft Lot
Home Design
- Stucco Exterior
Interior Spaces
- 4,160 Sq Ft Home
- 2-Story Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 010243017000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2026
Closed on
Apr 13, 2026
Sold by
Bought by
Seller's Agent
Jaime Martinez
Hoekstra & Associates Inc
Buyer's Agent
Sunny Malhi
Realty One Group Action
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
4
Purchase Details
Listed on
Feb 25, 2022
Closed on
Nov 23, 2023
Sold by
Bought by
Seller's Agent
Larry Martella
Martella Real Estate
Buyer's Agent
Area Out Of
Out Of Area
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$583,333
Interest Rate
7.63%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hanford, CA
-
Joe Parks
-
Sarah Case
Sarah Case
RE/MAX Success
(559) 608-3980
133 Total Sales
5 in Hanford
$210K - $432K Price Range
-
Rene Velarde
Rene Velarde
eXp Realty of Greater Los Angeles, Inc.
(559) 306-0645
23 Total Sales
2 in Hanford
$369,000 Price Range
-
Jason Fretag
Jason Fretag
Century 21 Select Real Estate
(559) 306-0820
70 Total Sales
3 in Hanford
$379,000 Price Range
-
Maria Teresa Fernandez
Maria Teresa Fernandez
Fernandez Real Estate
(559) 530-8224
80 Total Sales
3 in Hanford
$211K - $309K Price Range
-
Max Zelaya
Max Zelaya
Alticore Realty
(951) 441-3718
54 Total Sales
2 in Hanford
$3K - $276K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,000,000 | Chicago Title Company | ||
| $875,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $572,225 | ||
| Previous Owner | $583,333 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Sold | $1,000,000 | -9.1% | $240 / Sq Ft | |
| 04/07/2026 04/07/26 | Pending | -- | -- | -- | |
| 04/02/2026 04/02/26 | For Sale | $1,100,000 | +25.7% | $264 / Sq Ft | |
| 11/30/2023 11/30/23 | Sold | $875,000 | -10.3% | $210 / Sq Ft | View Prior Sale |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- | |
| 02/25/2022 02/25/22 | For Sale | $975,000 | -- | $234 / Sq Ft |
Source: Kings County Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,824 | $910,663 | $78,030 | $832,633 |
| 2025 | $9,472 | $892,782 | $76,500 | $816,282 |
| 2023 | $9,472 | $409,331 | $58,159 | $351,172 |
| 2022 | $4,424 | $401,123 | $57,019 | $344,104 |
| 2021 | $4,330 | $393,422 | $55,901 | $337,521 |
| 2020 | $4,376 | $389,397 | $55,328 | $334,069 |
| 2019 | $4,303 | $381,778 | $54,243 | $327,535 |
| 2018 | $4,179 | $374,173 | $53,179 | $320,279 |
| 2017 | $4,115 | $366,795 | $52,136 | $314,659 |
| 2016 | $4,060 | $359,556 | $51,114 | $308,442 |
| 2015 | $4,037 | $354,314 | $50,346 | $303,968 |
| 2014 | $3,958 | $347,388 | $49,360 | $298,028 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2026
Jaime Martinez
Hoekstra & Associates Inc
-
Sunny Malhi
S
Buyer's Agent in 2026
Sunny Malhi
Realty One Group Action
(559) 308-2796
91 Total Sales
-
L
Seller's Agent in 2023
Larry Martella
Martella Real Estate
-
R
Seller Co-Listing Agent in 2023
Robin Jerome-Boyer
Kings County Real Estate
-
A
Buyer's Agent in 2023
Area Out Of
Out Of Area
Map
Source: Kings County Board of REALTORS®
MLS Number: 233929
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